Enough of that boring theory Stuff. Now you know what is Forex, Trading, Forex Market, let us concentrate on real Trading.
There are different types of Forex Trading.
1. Long term Trading
2. Intraday Trading
3. News Trading
4. Part-Time Trading
5. Scalping
To Trade Forex, we must open an account with a broker (We studied about it in the previous posts). But before that, we must practice on a demo account. I know there are several brokers out there. But I have a favourite broker, please click here to open a free demo account with them (expires in 30 days). You will be asked to download their beautiful trading platform (my personal favourite tradind station of all time). Please click here to see the user guide and here watch videos regarding trading station. Click here for the educational videos.
I strictly recommend you to watch all of the videos so that you can be comfortable with the trading platform which is very important for the future real trading.
That's all for now. Good luck.
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